NOT LISTED FOR SALE

5516 Gadwall Pass Unit 61 Fort Wayne, IN 46818

Estimated Value: $618,000 - $649,000

0.31 Acre
$2,042,235 Price per Acre
13,504 Sq Ft Lot

Last Sold January 25, 2022

Last sale price $92,966

Est. 581% increase in value since last sale

Current estimated payment $4,011/month

608 Days on Market

Highlights

  • Waterfront
  • Carroll High School Rated A
  • Lake, Pond or Stream

About This Lot

As of January 2022

Cobble Creek is located at the SW corner of Carroll and Hand Roads in popular Northwest Allen County Schools. Minimum square footage is 1600 sf for a ranch and 2000 sf for a 2 story. Amenities include a fabulous 5 acre lake and a serene country setting close to schools, shopping and dining. This community is open to all builders.

Last Listed By

Kimberly Ward

North Eastern Group Realty Listed on: 01/28/2020

North Eastern Group Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,208

Year Built

  • 2022

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90.1x150x90.1x150
  • Waterfront
  • Property fronts a county road
  • Property fronts an easement
  • Finished Lot(s)

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Planned Development

Community Details

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$5,208

Year Built

2022

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: Lot 61 Cobble Creek
  • Planned Unit Dev: Yes
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 94
  • Parcel Description: Waterfront, Planned Unit Development
  • Restrictions: Restrictions, Sidewalk Required
  • Type of Sale: Traditional
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Available
  • Sewer Type: City

Condo/Co-op/Association

  • Association Fees: 600
  • Association Fees Frequency: Annually

Schools

  • School District: Northwest Allen County
  • Elementary School: Arcola
  • Middle School: Carroll
  • High School: Carroll

Lot Info

  • Lot Dimensions: 90.1x150x90.1x150
  • Estimated Lot Sq Ft: 13504
  • Estimated Lot Size Acres: 0.31
  • Lot Number: 61
  • Easements: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Mbn Properties Llc
Bought by
Scriven Andrew D and Scriven Ashton P
Total Days on Market
608
Current Estimated Value
$633,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$487,505
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$136,968

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jan 4, 2022
Sold by
North Eastern Development Corp
Bought by
Mbn Properties Llc
Seller's Agent
Kimberly Ward
North Eastern Group Realty
Buyer's Agent
Kimberly Ward
North Eastern Group Realty
List Price
$98,900
Sold Price
$92,966
Premium/Discount to List
-$5,934
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.79%
Original Mortgage
$422,500
Interest Rate
3.45%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scriven Andrew D $625,000 None Listed On Document
Mbn Properties Llc $92,966 Metropolitan Title Of In Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scriven Andrew D $495,000
Previous Owner Mbn Properties Llc $422,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $92,966 -6.0% --
09/27/2021 09/27/21 Pending -- -- --
01/28/2020 01/28/20 For Sale $98,900 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,208 $694,300 $92,600 $601,700
2022 $1,376 $92,600 $92,600 $0
2021 $11 $700 $700 $0
2020 $82 $700 $700 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Ward

    Seller's Agent in 2022

    Kimberly Ward

    North Eastern Group Realty

    (260) 437-9844

    349 Total Sales

    Kimberly Ward
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Map

Source: Indiana Regional MLS

MLS Number: 202003365

Indiana Regional MLS

APN: 02-01-35-203-010.000-044

Indiana Allen County Fort Wayne 46818

5516 Gadwall Pass Unit 61, Fort Wayne, IN

Homes for Sale in Fort Wayne, IN

This home is located at 5516 Gadwall Pass Unit 61, Fort Wayne, IN 46818 since 28 January 2020 and is currently estimated at $633,093. This property was built in 2022. 5516 Gadwall Pass Unit 61 is a home located in Allen County with nearby schools including Carroll High School, Arcola Elementary School, and Carroll Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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